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Nuclear steam power plants (NPP) are characterized by low efficiency, compared to steam power plants using fossil fuels. This is due to the relatively low temperature and pressure-throttling conditions of the NPP compared to those using fossil fuel. The light water pressurized water reactor (LW...
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It is very common to assume deterministic demand in the literature of integrated targeting – inventory models. However, if variability in demand is high, there may be significant disruptions from using the deterministic solution in probabilistic environment. Thus, the model would not be...
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Vendor managed inventory is an integrated approach for retailer-vendor coordination, according to which the vendor decides on the appropriate inventory levels within bounds that are agreed upon in a contractual agreement between vendor and retailers. In this contract, the vendor usually incurs a...
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In this paper, the classical economic production quantity (EPQ) model is generalized by considering a relationship between the setup cost and the production run length. The dependency between the setup cost and run length can be related to process deterioration and learning and forgetting...
Persistent link: https://www.econbiz.de/10005197071
It is well-known that the production decisions are influenced by the state of the production process. Therefore, the process must be maintained in top operating conditions through adequate maintenance programmes. A supply chain with one producer and multiple newsvendors is considered in this...
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